Mississippi Assn Of Financial Institutions Of Deposit Edu Founda
EIN: 454136077 · Ridgeland, MS · NTEE: W11
| Metric | Value |
|---|---|
| Total Revenue | $428 |
| Total Expenses | $21K |
| Net Assets | $263K |
Is Mississippi Assn Of Financial Institutions Of Deposit Edu Founda Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Assn Of Financial Institutions Of Deposit Edu Founda
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda (EIN: 454136077) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code W11. The organization reported total revenue of $428 and total assets of $239K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda is a micro nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -36.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340 |
| Total Expenses | $21K |
| Surplus / Deficit | $-20,893 |
| Total Assets | $264K |
| Total Liabilities | $1K |
| Net Assets | $263K |
| Operating Margin | -6145.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 149.2 months |
Financial Health Grade: B
In 2023, Mississippi Assn Of Financial Institutions Of Deposit Edu Founda reported a deficit of $21K with expenses exceeding revenue, holds 149.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Mississippi Assn Of Financial Institutions Of Deposit Edu Founda's revenue has declined at a compound annual growth rate (CAGR) of -36.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.8% | -37.4% | -7.7% |
| 2022 | +2195.2% | +625.3% | -7.5% |
| 2021 | -98.5% | -70.0% | -1.3% |
| 2020 | -50.6% | -17.1% | +5.7% |
| 2019 | -3.4% | -5.6% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Assn Of Financial Institutions Of Deposit Edu Founda has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mississippi Assn Of Financial Institutions Of Deposit Edu Founda with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Mississippi Assn Of Financial Institutions Of Deposit Edu Founda
Is Mississippi Assn Of Financial Institutions Of Deposit Edu Founda a legitimate charity?
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda (EIN: 454136077) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $428. No red flags identified. Financial health grade: B.
How does Mississippi Assn Of Financial Institutions Of Deposit Edu Founda spend its money?
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda reported $428 in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mississippi Assn Of Financial Institutions Of Deposit Edu Founda tax-deductible?
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda is registered as a tax-exempt nonprofit (EIN: 454136077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Assn Of Financial Institutions Of Deposit Edu Founda located?
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 454136077. It is classified under NTEE code W11.
How many years of IRS 990 filings does Mississippi Assn Of Financial Institutions Of Deposit Edu Founda have?
Mississippi Assn Of Financial Institutions Of Deposit Edu Founda has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $428 in total revenue.
Filing History
IRS 990 filing history for Mississippi Assn Of Financial Institutions Of Deposit Edu Founda showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Mississippi Assn Of Financial Institutions Of Deposit Edu Founda's revenue has declined by 99.3%, moving from $50K to $340. Total assets increased by 535% over the same period, from $42K to $264K. Total functional expenses rose by 148.3%, from $9K to $21K. In its most recent filing year (2023), Mississippi Assn Of Financial Institutions Of Deposit Edu Founda reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1K in liabilities against $264K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $263K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340 | $21K | $264K | $1K | — | View 990 |
| 2022 | $10K | $34K | $286K | $2K | — | — |
| 2021 | $456 | $5K | $309K | $1K | — | — |
| 2020 | $31K | $16K | $313K | $1K | — | — |
| 2019 | $64K | $19K | $296K | $0 | — | View 990 |
| 2018 | $66K | $20K | $253K | $1K | — | View 990 |
| 2017 | $20K | $3K | $206K | $0 | — | View 990 |
| 2017 | $59K | $21K | $189K | $0 | — | View 990 |
| 2016 | $47K | $14K | $150K | $0 | — | View 990 |
| 2015 | $48K | $16K | $118K | $0 | — | View 990 |
| 2014 | $30K | $18K | $86K | $0 | — | View 990 |
| 2013 | $43K | $11K | $74K | $0 | — | View 990 |
| 2012 | $50K | $9K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340, expenses of $21K, and assets of $264K (revenue -96.8% year-over-year).
- 2022: Revenue of $10K, expenses of $34K, and assets of $286K (revenue +2195.2% year-over-year).
- 2021: Revenue of $456, expenses of $5K, and assets of $309K (revenue -98.5% year-over-year).
- 2020: Revenue of $31K, expenses of $16K, and assets of $313K (revenue -50.6% year-over-year).
- 2019: Revenue of $64K, expenses of $19K, and assets of $296K (revenue -3.4% year-over-year).
- 2018: Revenue of $66K, expenses of $20K, and assets of $253K (revenue +233.8% year-over-year).
- 2017: Revenue of $20K, expenses of $3K, and assets of $206K (revenue -66.9% year-over-year).
- 2017: Revenue of $59K, expenses of $21K, and assets of $189K (revenue +27.8% year-over-year).
- 2016: Revenue of $47K, expenses of $14K, and assets of $150K (revenue -2.7% year-over-year).
- 2015: Revenue of $48K, expenses of $16K, and assets of $118K (revenue +57.3% year-over-year).
- 2014: Revenue of $30K, expenses of $18K, and assets of $86K (revenue -29.9% year-over-year).
- 2013: Revenue of $43K, expenses of $11K, and assets of $74K (revenue -13.4% year-over-year).
- 2012: Revenue of $50K, expenses of $9K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Assn Of Financial Institutions Of Deposit Edu Founda:
Data Sources and Methodology
This transparency report for Mississippi Assn Of Financial Institutions Of Deposit Edu Founda is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.